Finance-Auditing Committee

The Finance-Auditing Committee
meets on Thursdays immediately preceding the second and fourth Fridays
of each month to begin immediately following the 10:00 a.m. meetings scheduled
on that day. All meetings are subject to change, so please consult the Calendar of Meetings for
the latest meeting information.

The Finance-Auditing Committee:

Reviews all fiscal matters, including revenues, expenditures, investments,
and all other related fiscal matters;

Reviews and monitors the annual operating and capital budget;

Reviews financial reports, auditing reports and accounting practices;

Reviews applications for federal and state grant funding;

Provides general stewardship of the District’s funds

Reviews all insurance programs;

Reviews, analyzes, and assesses, in conjunction with the Attorney,
all claims, and litigation matters, as well as potential exposures of
the District, and reports periodically on said matters to the Board
of Directors; and,

Settles District liability claims, including workers’ compensation
claims, within the $50,000 settlement authority of the Committee.